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Musk Moves $2B from SpaceX to xAI

TechCrunch on MSN · 21h

Elon Musk’s SpaceX might invest $2 billion in Musk’s xAI

According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion in debt) that Morgan Stanley announced at the end of June.

Reuters on MSN · 2d

SpaceX to invest $2 billion in Musk's xAI startup, WSJ reports

July 12 (Reuters) - SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, the Wall Street Journal reported on Saturday.

Benzinga on MSN · 20h

SpaceX Backs xAI With $2B Investment As Musk Pushes AI Growth Across His Companies

Elon Musk’s SpaceX has invested $2 billion in his AI company xAI, marking one of its largest outside investments to date, according to The Wall Street Journal. The investment is part of xAI’s $5 billion equity round and deepens financial ties across Musk’s ventures,

19hon MSN

Elon Musk Says There's No Tesla-xAI Merger Coming, But He's Open to an Investment

Tesla does not currently have any plans to acquire CEO Elon Musk's artificial intelligence startup xAI, but the electric ...

Cryptopolitan on MSN3d

xAI is aiming for $200 billion valuation through a new fundraise

If it succeeds, it could push its value as high as $200 billion, 10 times its valuation from early last year, according to ...

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